Tax reconciliation: Difference between revisions

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imported>Doug Williamson
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# The reported tax charge (or credit) in financial statements; and
# The reported tax charge (or credit) in financial statements; and
# The standard rate of corporation tax applied to the reported accounting profit (or loss).
# The standard rate of corporation tax applied to the reported accounting profit (or loss).


In this context item 2. above is sometimes known as the 'expected tax charge'.
In this context item 2. above is sometimes known as the 'expected tax charge'.
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== See also ==
== See also ==
* [[Deferred tax]]
* [[Effective tax rate]]
* [[Effective tax rate]]
* [[Reconciliation]]
* [[Reconciliation]]
* [[Tax ]]
* [[Tax computation]]
[[Category:Accounting,_tax_and_regulation]]

Latest revision as of 09:00, 6 July 2022

Accounting.

A quantified explanation of the difference between:

  1. The reported tax charge (or credit) in financial statements; and
  2. The standard rate of corporation tax applied to the reported accounting profit (or loss).


In this context item 2. above is sometimes known as the 'expected tax charge'.


See also